To read the full version of this content please select one of the options below:

Exploration and exploitation business strategies and the contingent fit of alternative HR systems

Research in Personnel and Human Resources Management

ISBN: 978-1-84855-004-9, eISBN: 978-1-84855-005-6

ISSN: 0742-7301

Publication date: 25 July 2008

Abstract

This chapter develops a theoretical model using the equifinality perspective to connect multiple systems of HR practices to alternative organizational structure types. We argue that firms following an exploitation strategy maintain competitive advantage through high levels of efficiency and reliability in production and delivery of existing products or services. Firms following an exploration strategy maintain a competitive advantage through continuous innovation and knowledge exchange and combination. Hence, organizations are more likely to successfully execute either strategy by implementing an HR system that would create the organizational structural characteristics that support the workforce requirements of the chosen strategy.

Citation

Kehoe, R.R. and Collins, C.J. (2008), "Exploration and exploitation business strategies and the contingent fit of alternative HR systems", Martocchio, J.J. (Ed.) Research in Personnel and Human Resources Management (Research in Personnel and Human Resources Management, Vol. 27), Emerald Group Publishing Limited, Bingley, pp. 149-176. https://doi.org/10.1016/S0742-7301(08)27004-0

Publisher

:

Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited